Press release
Animal Genetics Market is Witnessing Phenomenal Growth by 2027: EW Group, CRV Holding, Groupe Grimaud, Topigs Norsvin, Neogen, Urus, Genus, Zoetis, Hendrix Genetics, Envigo, and Vetgen
Animal Genetics Market
The global animal genetics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading animal genetics market players and offers key trends and opportunities in the market.
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Global animal genetics market industry is growing at higher CAGR owing to the rapid demand, consumption of animal proteins, rising demand for meat products across the globe, rising awareness about animal genetic diseases and rise in population of livestock animals to meet the food demands. However, high cost of animal genetics testing, stringent government regulations regarding animal genetic engineering, and lack of skilled professionals like genetics scientists are expected to restrict the growth of the animal genetics market.
Top Dominating Key Players:
- Neogen Corporation
- Urus
- Genus
- EW Group GmbH
- CRV Holding
- Groupe Grimaud
- Topigs Norsvin
- Zoetis
- Hendrix Genetics
- Envigo
- Vetgen
The branch of genetics that deals with the study of gene variation and inheritance in companion, domestic and wild animals is called as animal genetics. Animal genetics involves animal breeding, gene expression and physical genetic traits such as body structure, coat color, facial shape, and others which are entirely based on heredity. Animal genetics are used for genetic trait testing, DNA testing, and genetic disease traiting. The animal genetics market is expected to increase in forecasted period.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global animal genetics market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The animal genetics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting animal genetics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Animal genetics market in these regions.
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